Information and ruminations on the business of healthcare from veteran healthcare journalists.

Infographic: ROI from Data-Driven Clinical Optimization

Friday, August 18th, 2017
This post was written by Melanie Matthews

Although the 2009 American Recovery and Reinvestment Act gave health systems a financial incentive to achieve Meaningful Use of EMRs, many healthcare organizations have struggled to capture value. As the capabilities and sophistication of EMRs continue to grow, there is a widening divide between healthcare organizations that harness the capabilities for a competitive advantage and those that are crippled by poor usability, workflows and adoption, according to a new infographic by Galen Healthcare Solutions.

The infographic looks at the impact of clinical EMR optimization on quality improvement and return on investment.

Between Medicare’s aggressive migration to value-based payment models and MACRA’s 2017 Quality Payment Program rollout, healthcare providers must accept the inevitability of participation in fee-for-quality reimbursement design—as well as cultivating a grounding in health data analytics to enhance success.

As an early adopter of the Medicare Shared Savings Program (MSSP) and the largest sponsor of MSSP accountable care organizations (ACOs), Collaborative Health Systems (CHS) is uniquely positioned to advise providers on the benefits of data analytics and technology, which CHS views as a major driver in its achievements in the MSSP arena. In performance year 2014, nine of CHS’s 24 MSSP ACOs generated savings and received payments of almost $27 million.

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